Arkansas Statutes
§ 23-63-1618 — Availability of funds
Arkansas·Title 23
In the case of a producer reinsurance captive insurance company or a sponsored captive insurance company:
(1)The assets of the protected cell may not be used to pay any expenses or claims other than those attributable to the protected cell; and (2) Its capital and surplus must be available to pay any expenses of or claims against the captive insurance company at all times.
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Legislative History
Acts 2001, No. 1391, § 18.
Nearby Sections
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§ 23-1-101
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Copies of official papers as evidence§ 23-1-115
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